The global commercial drone market will likely exceed US $ 100 billion

Baby shark commercia drone

The development of unmanned aerial vehicles is driven by the transformation of emerging electronic technology and the traditional remote control model industry. Commercial UAV applications have expanded to include smart cities, geographic exploration, security monitoring, logistics and transportation, and advanced agriculture.

Goldman Sachs research further predicts that due to the increasing demand for market applications, the global drone market will likely exceed US $ 100 billion from 2016 to 2020.

Nimbus VTOL commercial drone

Major markets for commercial drones

The United States Federal Aviation Administration (FAA) released a forecast for aviation development in the next 20 years in early 2019, which mentioned that in 2018, the number of commercial drones registered with the FAA exceeded 175,000, and all registered commercial The total number of man-machines grew by more than 170%, exceeding 277,000.

The FAA therefore believes that the commercial drone market will double in the next five years, reaching 835,000 by 2023. The market share of drones estimated to be less than $ 10,000 is 85%

In fact, since the FAA's real-name registration system for drones was implemented in December 2015, there are currently about 1.25 million amateur drones in use in the United States, and it is expected to grow to 1.4 million by 2023, an increase that is not as good as commercial Drone.

China is also an important market for commercial drones, and its growth is also very rapid. According to the "Research Report on the Prospects of China's Drone Industry in 2019" by the China Commercial Industry Research Institute, China's civil drone market will exceed the size of the professional drone market. 100 million yuan. But the U.S. market is still an important drone market, accounting for about 65% of the global market; China ranks second with 5%; followed by Australia, Canada and the United Kingdom 4%, France is less than 3%.

Not only are commercial drones products growing fast, but application service revenues are also growing at an alarming rate. According to Tractica's latest forecast, global drone service revenue will increase from US $ 337.6 million in 2017 to US $ 22.7 billion in 2026, driving the leading industries in the drone service market, including the film and media industry, utilities, energy and Infrastructure sector, and agriculture.

Communication and charging technology still to be broken

However, commercial drones still have many technologies that need to be upgraded in order to expand more application services. Short battery life is the main factor leading to the application of drones.

The key to the drone's battery life is electricity. How to make the drone automatically return to the ground station to charge after performing the task, and let the outdoor charging station overcome the weather problems have also become a problem that many R & D personnel have to try to solve, such as the use of Real-time dynamic positioning technology (RealTimeKinematic; RTK), high-precision positioning and infrared guidance, and an autonomous charging station on the top of the building can allow the drone to land and charge quickly between stations without the need for manual battery replacement and effective extension Drone duty time.

The future of commercial drones

The UAV can also be equipped with dual cameras, which have both large-scale detection and detailed focusing functions, such as the inspection of the reservoir to grasp water information, and the analysis of traffic flow at important intersections to prevent traffic accidents. If hardware and software manufacturers can work together to provide a full range of vertical drone application solutions, customized adjustments based on the needs of different fields, will be able to capture the unlimited potential UAV market and business opportunities.

FLYD-100 comercial drone

Wheelbase: 1000MM 

Height: 500MM

Frame Weight: 3.5KGS
Supply voltage: 6S
Motor: U8 KV150
Propeller: 28 inch propeller
Battery: 1 units 16000 mAh 22.2V?
Payload: 1-5KGS
Endurance: 50 minutes(without payload)


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